Russia’s Lukoil Calls for Permanent OPEC+ Production Cuts
Russia’s Lukoil believes that the production cut agreement between the Organization of the Petroleum Exporting Countries (OPEC) and its allies should become permanent
Lukoil | Egypt Oil & Gas - Part 5
Eni, Lukoil to Build Natural Gas Processing Plant in Egypt
Italy’s Eni and Russian Lukoil will work with the Egyptian General Petroleum Corporation (EGPC) to build a natural gas processing facility in Egypt’s Western Desert.
Lukoil to Double Oil Production at Iraq’s West Qurna-2
Russia's Lukoil, in conjunction with local state-run Basra Oil Company, aims to double production from the West Qurna-2 oil field in Iraq to 800,000 barrels per day (b/d) by 2025.
Iraq Postpones Oil, Gas Bidding Round
Iraq has postponed its bidding session for 11 new blocks until April 25, the bidding round was originally planned to take place on April 15.
OPEC, Russia Renegotiate Production Cut Agreement
Russia will withdraw from the production cut agreement with the Organization of the Petroleum Exporting Countries (OPEC) if oil prices remain at $70 per barrel for six months.
El Molla Meets with IOC CEOs at ADIPEC
The Minister of Petroleum and Mineral Resources, Tarek El Molla, held a series of meetings with CEOs of international oil companies (IOCs) on the sidelines of the Abu Dhabi International Petroleum Exhibition and C ...
Lukoil Targets New Projects in the Middle East
Russian oil giant Lukoil is targeting new projects in the United Arab Emirated (UAE), Iran, Oman and Kuwait as it plans to expand its operations in the Middle East.
No Iraqi Mandate for Lukoil to Cut Oil Output
The head of Russian oil company Lukoil, Vagit Alekperov, said that the firm has not received any directives from the Iraqi government in Baghdad to curb oil production for 2017.
Iran, Russia Signed MoUs
National Iranian Oil Company (NIOC) has signed memorandums of understanding (MoU) with the Lukoil, Tatneft and Zarubezhneft of Russia.
